The Mini and Mid Excavators Market is Predict to reach USD 24.64 Billion by 2032, at a CAGR of 5.1%

Mini and Mid Excavators Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Mini & Mid Excavators (Upto 20 Tonnes) Market size is expected to reach $24.64 billion by 2032, rising at a market growth of 5.1% CAGR during the forecast period.

The global market for mini and mid excavators, covering machines up to 20 tonnes, has grown steadily from being specialized equipment to becoming central assets in modern construction, agriculture, landscaping, and utility operations. The origins of mini excavators date back to the 1970s, when rapid urbanization created a need for compact machines that could operate effectively in confined spaces where large excavators could not function.

The Track segment is experiencing a CAGR of 4.8 % during the forecast period. Tracked excavators are the preferred choice worldwide due to their superior stability, traction, and digging power, making them suitable for a wide range of applications across construction, infrastructure, and landscaping. Their ability to operate effectively on rough, uneven, and soft terrains such as mud or gravel has made them indispensable in large-scale infrastructure projects and urban construction.

The Landscaping & Construction segment led the maximum revenue in the Global Mini & Mid Excavators (Upto 20 Tonnes) Market by End User in 2024, thereby, achieving a market value of $15.9 billion by 2032. These machines are indispensable in infrastructure development, urban construction, roadworks, and residential projects due to their compact design, strong digging capabilities, and ability to operate efficiently in restricted spaces.

The 10 tons to 20 tons segment is growing at a CAGR of 4.6 % during the forecast period. Excavators in this weight class are highly valued for their balance of power, stability, and adaptability, making them ideal for medium- to large-scale projects across construction, mining support, and infrastructure development. Their strong digging capabilities and durability allow them to efficiently handle demanding workloads such as road construction, utilities, and foundation works.

Full Report: https://www.kbvresearch.com/mini-and-mid-excavators-market/

The Asia Pacific region dominated the Global Mini & Mid Excavators (Upto 20 Tonnes) Market by Region in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of $10.0 billion by 2032. The North America region is anticipated to grow at a of 4.4% during (2025 - 2032). Additionally, The Europe region would witness a CAGR of 4.7% during (2025 - 2032).

List of Key Companies Profiled

• Volvo Construction Equipment AB (Volvo Group)
• Kobelco Construction Machinery Australia Pty Ltd. (Kobe Steel, Ltd.)
• Caterpillar, Inc.
• HD Hyundai Construction Equipment Co., Ltd.
• Komatsu Ltd.
• Deere & Company
• Hitachi Construction Machinery Co., Ltd. (Hitachi, Ltd.)
• Doosan Corporation
• J C Bamford Excavators Ltd.
• Zoomlion Heavy Industry Science & Technology Co., Ltd.
• KUBOTA Corporation

Mini and Mid Excavators Market Report Segmentation

By Type

• Track
• Wheeled

By End User

• Landscaping & Construction
• Agriculture

By Operating Weight

• 10 tons to 20 tons
• 4 tons to 10 tons
• Less than 4 tons

By Geography

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

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